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BRIEF-JA Solar Holdings reports qtrly ‍earnings per ADS of $0.42 ​
August 22, 2017 / 11:29 AM / 4 months ago

BRIEF-JA Solar Holdings reports qtrly ‍earnings per ADS of $0.42 ​

Aug 22 (Reuters) - JA Solar Holdings Co Ltd :

* JA Solar announces second quarter 2017 results

* Q2 revenue RMB 6.0 billion

* Qtrly ‍earnings per diluted ADS were RMB 2.87 or $0.42

* JA Solar Holdings Co Ltd - For Q3 of 2017, company expects total cell and module shipments to be in range of 1,600 to 1,700 MW

* JA Solar Holdings Co Ltd - For full year 2017, company is raising its shipment outlook

* JA Solar Holdings Co Ltd qtrly total shipments were 2,389.2 MW

* JA Solar Holdings Co Ltd - Total cell and module shipments are now expected to range between 6.5 and 7.0 GW for full year 2017

* JA Solar Holdings Co Ltd qtrly shipments of modules were 2,147.5 MW, an increase of 89.3% y/y and 62.1% sequentially

* JA Solar Holdings Co Ltd - Co expects its year-end cell capacity to be 6.5 GW, instead of previous guidance of 7.0 GW

* Qtrly net revenue was $878.1 million an increase of 44.7%

* JA Solar Holdings Co Ltd - Expects to restore lost cell capacity by Q1 of 2018

* JA Solar Holdings Co Ltd - Expects year-end module capacity to be 7.0 GW, instead of previous guidance of 6.0 GW Source text for Eikon: Further company coverage:

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